The credit card repayment period is generally 20 or 25 days after the bill date. However, this repayment date is the final repayment date. Even if the consumption amount is not recorded in the account, users can choose to repay in advance. Therefore, the repayment period of a credit card is more about informing the user of the final repayment time, and the user must complete the final repayment on the repayment date.

The repayment time of a credit card can be divided into the following two time periods:

Normal repayment time

From the credit card statement date to the last repayment date , which is the normal repayment time of the credit card. Repayments during this period are all normal repayments.

It is recommended to repay the loan two to three days before the repayment date. If the repayment time is too early, the interest-free period provided by the bank will be used too little and it is not cost-effective;

If the repayment is too late, especially on the repayment date, it may be due to busy work Forgetting to repay due to other reasons,

or funds not arriving in time, may cause overdue repayment and form an overdue record.

Early repayment time

Any repayment before the bill date is considered early repayment. If it is not due to special reasons, it is recommended that you do not need to repay the loan in advance.

Some cardholders believe that early repayment will help the bank increase their credit limit. In fact, this idea has no factual basis.

The interest-free period provided by the bank can be used normally. As long as you repay before the repayment date, there is no need to repay too early.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , cash deposit and withdrawal and other full or partial functions of the electronic payment card. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is Credit Card.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.